ABO - Absolute Holdings Limited - Results Of Rights Offer
ABO
ABO
ABO - Absolute Holdings Limited - Results Of Rights Offer
ABSOLUTE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/004649/06)
Share code: ABO ISIN No: ZAE000062998
("Absolute" or "the company")
RESULTS OF RIGHTS OFFER
The directors of Absolute are pleased to announce the results of the rights
offer of 214 008 081 ordinary shares in Absolute at an issue price of 6 cents
per share:
- Shareholders in Absolute, their renouncees and transferees subscribed for
61 835 774 ordinary Absolute shares, equivalent to 28.89% of the total number of
shares offered in terms of the rights offer;
- Excess applications for 152 172 307 Absolute ordinary shares applied for
under the rights offer were allocated to Absolute shareholders, their renouncees
and transferees in full. Accordingly, 100% of the rights offer shares have been
subscribed for and no shares have been taken up by the underwriter.
Dematerialised shareholders` accounts have been credited with their share
elections by their Central Securities Depository Participants or brokers.
Certificated shareholder`s new share certificates as per their election shall be
posted on or about Tuesday, 14 October 2008.
Johannesburg
13 October 2008
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 13/10/2008 11:55:01 Produced by the JSE SENS Department.
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